Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Canadian (TSX) Construction Industry Analysis

UpdatedJun 16, 2026
DataAggregated Company Financials
Companies11
  • 7D0.3%
  • 3M-11.3%
  • 1Y-19.9%
  • YTD-15.4%

Over the last 7 days, the Construction industry has remained flat, although notably AtkinsRéalis Group gained 3.7%. Unfortunately though, the industry is down 20% over the past 12 months. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

Has the Canadian Construction Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Jun 2026CA$58.8bCA$46.9bCA$4.3b25.6x13.8x1.3x
Thu, 14 May 2026CA$64.5bCA$46.2bCA$4.2b27.1x15.3x1.4x
Sat, 11 Apr 2026CA$66.0bCA$45.8bCA$4.2b28.5x15.7x1.4x
Mon, 09 Mar 2026CA$66.9bCA$45.9bCA$4.3b28x15.7x1.5x
Wed, 04 Feb 2026CA$74.9bCA$44.9bCA$4.1b29.8x18.1x1.7x
Fri, 02 Jan 2026CA$69.0bCA$44.9bCA$4.1b29.2x16.7x1.5x
Sun, 30 Nov 2025CA$67.4bCA$44.9bCA$4.1b28.5x16.3x1.5x
Tue, 28 Oct 2025CA$76.1bCA$43.4bCA$3.9b30.5x19.3x1.8x
Thu, 25 Sep 2025CA$73.7bCA$43.4bCA$4.0b25.7x18.6x1.7x
Sat, 23 Aug 2025CA$74.2bCA$43.4bCA$4.0b32.5x18.7x1.7x
Mon, 21 Jul 2025CA$76.3bCA$41.9bCA$1.4b45.6x52.6x1.8x
Wed, 18 Jun 2025CA$73.4bCA$41.9bCA$1.4b43.1x50.7x1.8x
Fri, 16 May 2025CA$66.7bCA$42.0bCA$1.5b41.3x45.7x1.6x
Sun, 13 Apr 2025CA$60.3bCA$40.4bCA$1.4b37.4x42.3x1.5x
Tue, 11 Mar 2025CA$60.9bCA$40.0bCA$1.5b34.1x41.8x1.5x
Thu, 06 Feb 2025CA$61.1bCA$38.7bCA$1.4b35.8x43.8x1.6x
Sat, 04 Jan 2025CA$63.2bCA$38.7bCA$1.4b37.4x45.2x1.6x
Mon, 02 Dec 2024CA$64.5bCA$38.7bCA$1.4b39.7x46.2x1.7x
Wed, 30 Oct 2024CA$62.2bCA$37.6bCA$1.4b37.3x44x1.7x
Fri, 27 Sep 2024CA$55.1bCA$37.6bCA$1.4b36.3x38.8x1.5x
Sun, 25 Aug 2024CA$54.7bCA$37.6bCA$1.4b38.2x38.5x1.5x
Tue, 23 Jul 2024CA$54.5bCA$37.0bCA$1.5b33x35.9x1.5x
Thu, 20 Jun 2024CA$52.7bCA$37.0bCA$1.5b33.2x34.8x1.4x
Sat, 18 May 2024CA$51.3bCA$37.0bCA$1.5b30x33.9x1.4x
Mon, 15 Apr 2024CA$52.3bCA$36.5bCA$1.5b31.3x35.8x1.4x
Wed, 13 Mar 2024CA$54.2bCA$36.5bCA$1.5b30.8x37.2x1.5x
Fri, 09 Feb 2024CA$49.0bCA$35.8bCA$1.3b33.6x37.6x1.4x
Sun, 07 Jan 2024CA$45.1bCA$35.8bCA$1.3b30.8x34.7x1.3x
Tue, 05 Dec 2023CA$45.3bCA$35.8bCA$1.3b30x34.8x1.3x
Thu, 02 Nov 2023CA$41.6bCA$34.5bCA$1.2b30.5x36.1x1.2x
Sat, 30 Sep 2023CA$44.1bCA$34.6bCA$1.1b30.1x41.9x1.3x
Mon, 28 Aug 2023CA$43.2bCA$34.6bCA$1.1b30.4x41.1x1.3x
Wed, 26 Jul 2023CA$41.2bCA$33.1bCA$858.4m33.9x48x1.2x
Fri, 23 Jun 2023CA$38.4bCA$33.1bCA$858.4m30.2x44.7x1.2x
Price to Earnings Ratio

44.7x


Total Market Cap: CA$38.4bTotal Earnings: CA$858.4mTotal Revenue: CA$33.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Construction Industry Price to Earnings3Y Average 34.4x202420252026
Current Industry PE
  • Investors are pessimistic on the Canadian Construction industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 13.8x which is lower than its 3-year average PE of 34.4x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 71% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Canadian Industrials industry?

CA Market2.13%
Industrials-1.14%
Construction0.33%
Construction and Engineering0.33%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ATRL AtkinsRéalis GroupCA$83.913.7%
+CA$486.5m		-12.2%PE5.1x
BDT Bird ConstructionCA$60.951.6%
+CA$53.7m		116.0%PE68.3x
WSP WSP GlobalCA$182.830.2%
+CA$47.2m		-33.1%PE25.6x
PBK PowerBankCA$1.359.8%
+CA$5.6m		-44.2%PS1.8x
PWER Global Power SolutionsCA$0.2416.7%
+CA$851.1k		22.5%PE11.5x

Latest News

STN
CA$99.62
Stantec
7D
-2.9%
1Y
-32.1%
PBK
CA$1.35
PowerBank
7D
9.8%
1Y
-44.2%
ATRL
CA$83.91
AtkinsRéalis Group
7D
3.7%
1Y
-12.2%
BDGI
CA$92.37
Badger Infrastructure Solutions
7D
-1.4%
1Y
101.5%
BDT
CA$60.95
Bird Construction
7D
1.6%
1Y
116.0%
ARE
CA$44.95
Aecon Group
7D
-0.1%
1Y
129.9%
Narrative Update • Jun 05

ARE: Future Returns Will Reflect Record Backlog And Northern Infrastructure Pipeline

Analysts have lifted Aecon Group's price target by several dollars to the low CA$50s. This reflects updated models that incorporate recent estimate revisions while keeping key assumptions such as revenue growth, profit margin, and future P/E broadly unchanged.
UIG
CA$0.025
Urban Infrastructure Group
7D
-16.7%
1Y
-50.0%
WSP
CA$182.83
WSP Global
7D
0.2%
1Y
-33.1%
PWER
CA$0.24
Global Power Solutions
7D
16.7%
1Y
22.5%
ACL
CA$0.16
A.C.L. Construction
7D
6.7%
1Y
n/a